Sophia Sommer

(602) 512-9825
The Sommer Group
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$227,911$227,911$350,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$122,189$0
Funding fee$1,140$1,140$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.149%7.640%
1st payment$1,215.05$1,215.05$2,424.02
2nd payment$0.00$814.60$0.00
Taxes / mo$163.50$163.50$163.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$130.00$130.00$130.00
Total monthly$1,658.55$2,473.14$2,937.54
Cash to close$161,089$38,900$38,900